GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Atlas Copco AB (OTCPK:ATLCY) » Definitions » Equity-to-Asset

Atlas Copco AB (Atlas Copco AB) Equity-to-Asset : 0.53 (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Atlas Copco AB Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Atlas Copco AB's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $10,036 Mil. Atlas Copco AB's Total Assets for the quarter that ended in Mar. 2024 was $19,111 Mil. Therefore, Atlas Copco AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

The historical rank and industry rank for Atlas Copco AB's Equity-to-Asset or its related term are showing as below:

ATLCY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.46   Max: 0.53
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Atlas Copco AB was 0.53. The lowest was 0.38. And the median was 0.46.

ATLCY's Equity-to-Asset is ranked worse than
53.57% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs ATLCY: 0.53

Atlas Copco AB Equity-to-Asset Historical Data

The historical data trend for Atlas Copco AB's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlas Copco AB Equity-to-Asset Chart

Atlas Copco AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.47 0.50 0.46 0.50

Atlas Copco AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.45 0.48 0.50 0.53

Competitive Comparison of Atlas Copco AB's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Atlas Copco AB's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlas Copco AB's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atlas Copco AB's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlas Copco AB's Equity-to-Asset falls into.



Atlas Copco AB Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Atlas Copco AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=8915.341/17809.624
=0.50

Atlas Copco AB's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=10035.923/19110.87
=0.53

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Atlas Copco AB  (OTCPK:ATLCY) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Atlas Copco AB Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Atlas Copco AB's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Copco AB (Atlas Copco AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines